Saturday, August 20, 2016

Perkembangan Harga Saham PT KALBE FARMA TBK Periode 2013 - 19 Agustus 2016

Perkembangan harga saham PT KALBE FARMA TBK sepanjang 2013, 2014 dan 2015 secara tahunan masing-masing sebesar 17,9%; 46,4%; dan -27,9%. Perkembangan tahun berjalan sampai dengan 19 Agustus 2016 sebesar 28,8%. ...more

Sunday, August 14, 2016

Perkembangan Harga Saham PT JASA MARGA (PERSERO) TBK Periode 2013 - 12 Agustus 2016


Perkembangan harga saham PT JASA MARGA (PERSERO) TBK sepanjang 2013, 2014 dan 2015 secara tahunan masing-masing sebesar -13,3%; 49,2%; dan -25,9%. Perkembangan tahun berjalan sampai dengan 12 Agustus 2016 sebesar 2,9%. ...more

Sunday, August 7, 2016

Perkembangan Harga Saham PT BANK RAKYAT INDONESIA (PERSERO) TBK Periode 2013 - 5 Agustus 2016

Perkembangan PT BANK RAKYAT INDONESIA (PERSERO) TBK sepanjang 2013, 2014 dan 2015 secara tahunan masing-masing sebesar 4,3%; 60,7%; dan -1,9%. Perkembangan tahun berjalan sampai dengan 5 Agustus 2016 sebesar 4,8%. ...more

Saturday, August 6, 2016

Perkembangan INDEKS HARGA SAHAM GABUNGAN (JAKARTA COMPOSITE INDEX) Periode 2013 - 5 Agustus 2016

Perkembangan INDEKS HARGA SAHAM GABUNGAN (JAKARTA COMPOSITE INDEX) sepanjang 2013, 2014 dan 2015 secara tahunan masing-masing sebesar -1%; 22,3%; dan -12,1%. Perkembangan tahun berjalan sampai dengan 5 Agustus 2016 sebesar 18%. ...more

Cost of Capital Free-Riders

ABSTRACT

We document the interrelationship of disclosure policy decisions among firms by providing evidence that the cessation of quarterly management forecast guidance by 656 firms (“stoppers”) during 2004–2009 is associated with a pursuant increase in quarterly forecasts by previously non-forecasting firms in the same industries (“free-riders”). Increased forecasting by free-riders is positively associated with the ...more

CEO Financial Background and Audit Pricing

SYNOPSIS

Accounting scholars theorize that audit price is a function of a client's audit and business risk. Existing research finds that the functional expertise of Chief Executive Officers (CEOs) in finance improves financial reporting quality (Matsunaga, Wang, and Yeung 2013), increases profitability, and reduces the likelihood of firm failure (Custodio and Metzger 2014). These factors suggest that auditors' engagement risk decreases when incumbent CEOs possess financial expertise, raising the likelihood that auditors will charge these firms lower fees. In this study, we find that firms that have a financial expert CEO pay ...more

Credit Derivatives and Analyst Behavior

ABSTRACT

This paper presents a comprehensive analysis of the role of credit default swaps (CDS) in information production surrounding earnings announcements. First, we demonstrate that the strength of CDS price discovery prior to earnings announcements is related to the presence of ...more